Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Motor Oil (Hellas) Corinth Refineries's average basic shares outstanding for the quarter that ended in Mar. 2026 was 108 Mil.
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Be Aware
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Motor Oil (Hellas) Corinth Refineries Shares Outstanding (Basic Average) Related Terms
Motor Oil (Hellas) Corinth Refineries Shares Outstanding (Basic Average) Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Motor Oil (Hellas) Corinth Refineries Shares Outstanding (Basic Average) Chart
Motor Oil (Hellas) Corinth Refineries Shares Outstanding (Basic Average) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.
What does a Shares Outstanding (Basic Average) of 108 Mil mean?
Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) has a Shares Outstanding (Basic Average) of 108 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Motor Oil (Hellas) Corinth Refineries and its competitors.
Is Motor Oil (Hellas) Corinth Refineries' Shares Outstanding (Basic Average) too high?
Motor Oil (Hellas) Corinth Refineries' current Shares Outstanding (Basic Average) is 108 Mil. Overall, Motor Oil (Hellas) Corinth Refineries has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Motor Oil (Hellas) Corinth Refineries' Shares Outstanding (Basic Average) compare to VLO and MPC?
Motor Oil (Hellas) Corinth Refineries' Shares Outstanding (Basic Average) of 108 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Oil & Gas company?
A good Shares Outstanding (Basic Average) depends on the Oil & Gas industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Motor Oil (Hellas) Corinth Refineries and its competitors. Motor Oil (Hellas) Corinth Refineries's current Shares Outstanding (Basic Average) is 108 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motor Oil (Hellas) Corinth Refineries stock overvalued right now?
Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €22.02, compared to a current price of €38.10 — trading 73% above its estimated fair value. The current Shares Outstanding (Basic Average) is 108 Mil. Motor Oil (Hellas) Corinth Refineries' overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Motor Oil (Hellas) Corinth Refineries (FRA:MHZ), the current Shares Outstanding (Basic Average) is 108 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Motor Oil (Hellas) Corinth Refineries (FRA:MHZ) Overvalued in 2026?
Based on GuruFocus' analysis, Motor Oil (Hellas) Corinth Refineries stock appears to be overvalued.
The current stock price of €38.10 is trading 73% above its estimated GF Value™ of €22.02.
GuruFocus considers Motor Oil (Hellas) Corinth Refineries to be Significantly Overvalued.
Key valuation signals for FRA:MHZ:
Shares Outstanding (Basic Average): 108 Mil
GF Value™: €22.02 vs. price of €38.10 (73% above fair value)
No single metric tells the full story. See the FRA:MHZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motor Oil (Hellas) Corinth Refineries Business Description
Motor Oil (Hellas) Corinth Refineries SA plays a role in the sectors of crude oil refining and marketing of petroleum products in Greece as well as the eastern Mediterranean region, supplying its customers with a wide range of quality products. The refinery, with its ancillary plants and fuel distribution facilities, forms the privately owned industrial complex in Greece. It serves petroleum marketing companies in Greece and internationally. The Group is active in four main operating business segments: Refining Activity, Fuels Marketing Activity, Power and Gas, and Other. It derives maximum revenue from Refining Activity. The firm derives the majority of its revenue from Foreign Sales.
63GF Score
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